Endnotes

Each Quint token certifies five U.S. gold cents (1/1,000th of a troy ounce) held on deposit by Quintric payable to the bearer on demand in one-ounce, fifty dollar face value, U.S. American Eagle or American Buffalo gold coin, at 1,000 tokens per coin. Quint is one of the four “Monetary Tokens”, along with QuintS, iQuint and iQuintS.

Each QuintS token certifies five U.S. silver cents (1/20th of an ounce) held on deposit by Quintric payable in one-ounce, one dollar face value, American Eagle/Walking Liberty silver coin, at a rate of 20 tokens per coin.

Each iQuint token equates to 1/1,000th of a troy ounce of gold redeemable in 1,000 token increments in any one of the following five, one-ounce legal tender coins: (1) The Austrian Philharmonic; (2) The Australian Kangaroo; (3) The British Sovereign; (4) The Canadian Maple Leaf; or (5) The Chinese Panda. Alternatively, smaller increments of iQuint tokens may be redeemed in the sub-ounce official coin of the realm issued by the Royal Court of Breifne— Ireland’s Ancient Middle Kingdom. iQuint is one of the two “iQ Tokens”, along with iQuintS.

Each iQuintS token equates to 1/20th of a troy ounce of silver redeemable in the silver versions of the legal tender offerings described in the preceding footnote.

QuintX tokens constitute a byproduct of the creation of Quintric Monetary Tokens, intended to reward token creators (especially early ones) and encourage token circulation. Full details regarding the QuintX program will be unveiled to the public by July 4th, 2018.

Latin for “Let it be Done”, i.e., a governmental edict.

Cryptocurrencies have been known to fluctuate as much as 30% within minutes.

31 U.S.C. § 5119(a). Significantly, this statutory mandate invokes the market test of “purchasing power”, not merely parity of nominal face value. To this end, Congress has provided the secretary with a variety of statutory tools. These include the directive to buy and sell precious metals from the country’s reserves (Id.) as well as the requirement that all proceeds from the sale of gold be used “for the sole purpose of reducing the national debt.” 31 U.S.C. § 5116(2) (Reagan’s Golden Rule).

31 U.S.C. § 5119(a). Significantly, this statutory mandate invokes the market test of “purchasing power”, not merely parity of nominal face value. To this end, Congress has provided the Secretary with a variety of statutory tools. These include the directive to buy and sell precious metals from the country’s reserves (Id.) as well as the requirement that all proceeds from the sale of gold be used “for the sole purpose of reducing the national debt.” 31 U.S.C. § 5116(2) (Reagan’s Golden Rule).